AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0473%/8h= −51.8% APRnext payment −$0.59 per $10,000 · paid last 24h −0.311%

Price spread now: Deribit against Bulk+0.080%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bulk Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.080% dearer against Bulk than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk AAVE-USD	144.33	0.0100	pay 0.0013% / 1h	21m 27s	$61K	$3K	10x
Short	Deribit AAVE_USDC-PERPETUAL	144.45	−0.0373	pay 0.0047% / 1h	21m 27s	$249K	$483K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bulk. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulkbpFee DeribitbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$99.33
Price spread: +0.080% → 0.000%: $7.99
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$105.34
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bulk: no order-book sample; Deribit: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bulk no order-book sample	—	—	—	—	—
Sell Deribit live order book, 62 min ago	14.23 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit

Bulk: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AAVE_USDC-PERPETUALshort	−0.0373%	1h	144.45	+0.080%	$249K	$483K	50x
SoDEX AAVE-USD	−0.0192%	1h	144.41	+0.052%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.30	−0.024%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.53	+0.135%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.47	+0.094%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.40	+0.045%	$71K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.52	+0.130%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	144.52	+0.130%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.109%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.16	−0.119%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni AAVEUSDT	+0.0050%	1h	144.35	+0.011%	$134K	$229K	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.28	−0.038%	$17.4M	$66.0M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	144.41	+0.052%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0052%	8h	144.34	+0.004%	$7.7M	$15.9M	75x	as long as short
Binance AAVEUSDT	+0.0053%	8h	144.27	−0.043%	$65.7M	$184.5M	75x	as long as short
MEXC AAVE_USDT	+0.0054%	8h	144.34	+0.004%	$31.4M	$26.3M	200x	as long as short
GRVT AAVE_USDT_Perp	+0.0088%	8h	144.39	+0.037%	$460K	$3.9M	10x	as long as short
Nado AAVE-PERP	+0.0092%	1h	144.35	+0.012%	$801K	$436K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.55	+0.147%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.46	+0.087%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	144.35	+0.013%	$180K	$243K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.33	−0.002%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.37	+0.024%	$80.2M	$33.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.36	+0.018%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.38	+0.034%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.34	+0.004%	$61.4M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.31	−0.017%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.43	+0.066%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.18	−0.107%	$30.1M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.33	−0.003%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.53	+0.135%	$377K	$704K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.87	+0.371%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.40	+0.047%	$101K	$313K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.37	+0.024%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.44	+0.073%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.75	+0.290%	$720K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.45	+0.080%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USDlong	+0.0100%	1h	144.33	long leg	$61K	$3K	10x
Extended AAVE-USD	+0.0104%	1h	144.30	−0.025%	$929K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0176%	8h	144.42	+0.059%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.36	+0.018%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.54	+0.140%	$124K	—	100x	as long as short